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Please show work on how you get C. Please be clear on C and show all work on how to get every number. Especially on
Please show work on how you get C. Please be clear on C and show all work on how to get every number. Especially on Taxes.
Global Corp. expects sales to grow by 8% next year. Using the percent of sales method and the data provided in the given tables , forecast: a. Costs except depreciation e. Accounts receivable b. Depreciation f. Inventory c. Net income g. Property, plant, and equipment d. Cash h. Accounts payable (Note: Interest expense will not change with a change in sales. Tax rate is 26%.) Click the icon to see the Worked Solution (Formula Solution). a. Costs except depreciation The forecasted costs except depreciation will be $ million. (Round to one decimal place and enter all numbers as a positive.) b. Depreciation The forecasted depreciation will be $ million. (Round to one decimal place and enter all numbers as a positive.) c. Net income The forecasted net income will be $ million. (Round to one decimal place.) Data table Click on the icons located on the top-right corners of the data tables below to copy its contents into a spreadsheetStep by Step Solution
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